Use of Credit Information or Insurance Scores; Liability, Fees, and Costs Arising Out of Actions, Errors, or Omissions.

  1. Law
  2. Michigan Compiled Laws
  3. Insurance Code of 1956
  4. 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)
  5. Chapter 21a Credit Information and Credit Scores (500.2151...500.2162)
  6. Use of Credit Information or Insurance Scores; Liability, Fees, and Costs Arising Out of Actions, Errors, or Omissions.

Checkout our iOS App for a better way to browser and research.

Sec. 2161.

An insurer shall indemnify, defend, and hold harmless producers from and against all liability, fees, and costs arising out of or relating to the actions, errors, or omissions of a producer resulting from the use of credit information or insurance scores for the insurer, provided that the producer follows the procedures and instructions established by the insurer and complies with all applicable laws and regulations.

History: Add. 2012, Act 205, Eff. Mar. 28, 2013
Popular Name: Act 218


Download our app to see the most-to-date content.